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sirsquid@lemmy.ml to Linux Gaming@lemmy.ml · 2 years ago

Epic Games sheds 830 people due to 'spending way more money than we earn'

www.gamingonlinux.com

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Epic Games sheds 830 people due to 'spending way more money than we earn'

www.gamingonlinux.com

sirsquid@lemmy.ml to Linux Gaming@lemmy.ml · 2 years ago
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Recent industry news doing the rounds is from Epic Games, who yesterday publicly shared an email that was sent by Tim Sweeney about laying off 16% of the company.
  • sugar_in_your_tea@sh.itjust.works
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    2 years ago

    It actually does. If profit goes down (i.e. they’re still making lots of money), they do layoffs to keep profit margins at the target level. It doesn’t matter if they’re still making tons of money, they cut costs if they’re not making as much money as they forecasted.

    • Lettuce eat lettuce@lemmy.ml
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      2 years ago

      Correct, it’s a Classic move by Capitalist scum.

      • teawrecks@sopuli.xyz
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        2 years ago

        In this moment, I am euphoric, because I am enlightened by your intelligence.

        • Lettuce eat lettuce@lemmy.ml
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          2 years ago

          Lol, glad I could help.

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